Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
BTC/USD:

matbea review & testimonials (updated 11.2019)

matbea user interface: the home page in English

What is matbea in a nutshell? It's recently added to our monitoring, well established, promising exchange service (broker) supporting 4 cryptocurrencies: you can buy and sell coins using 1 fiat currency (6 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business Jun 2013, it serves the clients for a few years.

The exchange charges relatively high fees: 2% — 6% (although, according to our statistics 88% exchanges take higher average fee) and has medium buying limits: $78 — $3,272 (in accordance with the statistics we've collected, 83% exchanges have higher order limits). This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of matbea, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. You won't need to verify your account to use the services of the Broker, matbea accepts and welcomes anonymous customers!

Since 2013, matbea is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with matbea, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: matbea is a promising, although not yet reviewed much by our visitors place to buy and sell cryptocurrencies, an interesting exchange that we believe will get some nice feedback soon!

Overview: is matbea safe?

matbea is the Broker; exchange started the business June 2013. Unfortunately, there is not much information available about the company doing business as matbea, etc.

Answering the question how safe is matbea:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of matbea to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 6 years 5 months
Business model: no information available

Overall rating for matbea: N/A

Pros & Cons of matbea

Although matbea is not yet rated by our visitors, there probably are many downsides that people don't like, but there also should be strong sides. Who knows, maybe for you, our dear visitor, these are most important and you'd consider this exchange as one of the best ones. Let's check it out:

  • matbea allows anonymous customers, there is no verification required for all the exchange directions.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Matbea doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Seems that the exchange operates without any business licenses, etc. Although since it's in the business for over 6 years, it definitely gained trust in the community.
  • Brokers are less regulated exchanges, you are basically on your own if you have problems with such a service.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at matbea! Try matbea today and let us know how you like it!

Services, matbea Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency
  • Helps you to exchange one crypto to another

As we can see, matbea doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

Matbea provides the service of buying and selling and exchanging 4 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Bitcoin (BTC), Dash (DASH), Litecoin (LTC), Zcash (ZEC).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Top 10 cryptocurrencies to buy to invest in 2019.

1 fiat currencies are supported to provide crypto purchase and selling: Russian Ruble (RUB). The Broker will let you buy and sell Bitcoins and 3 other cryptos using the following payment systems:

  • Sberbank. A local bank (you may use from Russia) in various currencies. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange. Sberbank is a popular way to buy BTC and other cryptocurrencies available at 175 exchanges of various types. You are welcome to find the best rate for buying bitcoin with sberbank at our home page!
  • AlfaBank. A local bank (you may use from Russia) in various currencies. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • Qiwi. An international payment system (it's available in 9 countries) allowing e-wallet payments in various currencies. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • Yandex Money. A local payment system (serving Russia) allowing e-wallet payments in Russian Ruble currency. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange.
  • VTB24. A local bank (serving Russia) in Russian Ruble currency. Just the RUB payments are available for purchasing cryptos at the exchange.
  • Mobile Balance (all operators). An international payment system (available worldwide) allowing mobile recharge payments in various currencies. Just the RUB payments are available for selling cryptocurrency to fiat solely; at the time you can't buy crypto using this payment method here.

matbea fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • 2% when you are receiving funds to AlfaBank in Russian Ruble.
    • 2% when you are receiving funds to AlfaBank in Russian Ruble.
    • 6% when you pay money using AlfaBank in Russian Ruble.
    • 3% when you are receiving funds to Mobile Balance (all operators) in Russian Ruble.
    • 3% when you are receiving funds to Qiwi in Russian Ruble.
    • 6% when you pay money using Qiwi in Russian Ruble.
    • 2% when you are receiving funds to Sberbank in Russian Ruble.
    • 6% when you pay money using Sberbank in Russian Ruble.
    • 6% when you pay money using VTB24 in Russian Ruble.
    • 3% when you are receiving funds to Yandex Money in Russian Ruble.
    • 6% when you pay money using Yandex Money in Russian Ruble.
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are matbea fees high or low?

Now it's time to draw a conclusion: Matbea takes relatively high fees from the customers. According to our statistics, most of the exchanges charges about the same fees matbea does. For example, an average fee you pay to buy Bitcoin with Sberbank in RUB across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 11%, matbea charges 6% for this. Seems fair, especially considering the anonymity!

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):

  1. Purchase limits (when you buy crypto).
    • ₽5,000 minimal buy and ₽17,383 max purchase when using AlfaBank in Russian Ruble.
    • ₽5,000 minimal buy and ₽150,000 max purchase when using Qiwi in Russian Ruble.
    • ₽5,000 minimal buy and ₽500,000 max purchase when using Sberbank in Russian Ruble.
    • ₽5,000 minimal buy and ₽208,590 max purchase when using VTB24 in Russian Ruble.
    • ₽5,000 minimal buy and ₽150,000 max purchase when using Yandex Money in Russian Ruble.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • ₽5,000 min and ₽300,000 maximal withdrawal when receiving money to AlfaBank in Russian Ruble.
    • ₽5,000 min and ₽300,000 maximal withdrawal when receiving money to AlfaBank in Russian Ruble.
    • ₽5,000 min and ₽15,000 maximal withdrawal when receiving money to Mobile Balance (all operators) in Russian Ruble.
    • ₽5,000 min and ₽50,000 maximal withdrawal when receiving money to Qiwi in Russian Ruble.
    • ₽5,000 min and ₽300,000 maximal withdrawal when receiving money to Sberbank in Russian Ruble.
    • ₽5,000 min and ₽94,899 maximal withdrawal when receiving money to Yandex Money in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) matbea supports! Comparing to other exchanges, Matbea has medium buying and selling limits; it's rather convenient, although there are some other ones with higher max.

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does matbea allow the users from United States (US)?

USA flag

Yes, matbea allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

Although the broker doesn't currently provide possibility to pay in the U.S. Dollars, we hope it may change in the future.

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Matbea? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at matbea

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using matbea, whatever exchange direction you need.

This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with matbea!

Deposit/withdrawal speed

According to the data we have, matbea processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the Matbea? Can you please add your testimonial? This will help everyone a lot, thanks!

Is matbea instant?

So, what can we see? In accordance with the data we know about the broker, orders at matbea are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the matbea. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about matbea

Does matbea holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is matbea a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is matbea licensed? Does it hold e-money license?

It is not, and it's hard to even find information about any business registration, etc. Although the cryptocurrency regulation in Russia, CIS and most of the ex-USSR countries has not yet being set, so so almost all such exchanges there are operating like this.

Is matbea a ripoff?

It is not a ripoff, although we have not rated matbea yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is matbea legit or scam.

matbea vs other exchanges

Let's compare matbea to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

matbea vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker matbea is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 matbea started the business June 2013 (Bitonic is working for 1 years and 1 months longer time).
  • Bitonic has all the required business licenses and permissions matbea operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services matbea provides the same number of services as Bitonic: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • Bitonic supports 1 cryptocurrencies matbea allows to exchange 4 cryptos (matbea supports 3 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 1 fiat currencies to swap with digital ones at matbea (matbea & Bitonic support the same number of fiat currencys).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks matbea allows the user to utilize 6 various fiat payment systems and/or banks (matbea supports 3 fiat payment systems and banks more).
  • Bitonic charges 0.0% fee matbea charges the client 2% — 6% fee, depending on the currency, payment system, etc. (matbea has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,765 Deposit/withdraw limits at matbea are $78 — $3,272 depending on the payment method (matbea has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at matbea if you reside in one of 255 countries; it serves United States among others (matbea supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) matbea has no KYC procedures, you can be completely anonymous while exchanging here (matbea 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — Bitonic or matbea — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

matbea vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker matbea is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 matbea started the business June 2013 (matbea operates 3 years and 11 months longer).
  • BTCBIT has all the required business licenses and permissions matbea operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, BTCBIT provides no extra services matbea provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • BTCBIT supports 10 cryptocurrencies matbea allows to exchange 4 cryptos (matbea supports 6 cryptocurrencies less).
  • 9 fiat currencies are available at BTCBIT You'll be able to use 1 fiat currencies to swap with digital ones at matbea (matbea supports 8 fiat currencies less).
  • BTCBIT accepts deposits from and allows withdrawals to 7 fiat payment systems / banks matbea allows the user to utilize 6 various fiat payment systems and/or banks (matbea supports 1 banks and fiat payment systems less).
  • BTCBIT charges 3% — 15% fee matbea charges the client 2% — 6% fee, depending on the currency, payment system, etc. (matbea has lower fees in general).
  • Buying limits at BTCBIT start from $50 and are up to $10,000 Deposit/withdraw limits at matbea are $78 — $3,272 depending on the payment method (matbea has lower buying/selling limits).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at matbea if you reside in one of 255 countries; it serves United States among others (matbea supports more countries worldwide).
  • BTCBIT allows the user to be anonymous, there is no account verification, etc. matbea has no KYC procedures, you can be completely anonymous while exchanging here (matbea & BTCBIT require the client to pass through the — more or less — the same process during the verification).

Although the final decision, which exchange — BTCBIT or matbea — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

matbea vs MagneticExchange

Let's compare the key features of these two platforms to see which one suits you best:

  • MagneticExchange is a broker matbea is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 matbea started the business June 2013 (MagneticExchange is working for 2 years and 1 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. matbea operates without a business registration or there is no information available about it (MagneticExchange's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services matbea provides the same number of services as MagneticExchange: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • MagneticExchange supports 4 cryptocurrencies matbea allows to exchange 4 cryptos (matbea & MagneticExchange support the same number of digital currencys).
  • 2 fiat currencies are available at MagneticExchange You'll be able to use 1 fiat currencies to swap with digital ones at matbea (matbea supports 1 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 18 fiat payment systems / banks matbea allows the user to utilize 6 various fiat payment systems and/or banks (matbea supports 12 banks and fiat payment systems less).
  • MagneticExchange charges 1% — 11% fee matbea charges the client 2% — 6% fee, depending on the currency, payment system, etc. (matbea has lower fees in general).
  • Buying limits at MagneticExchange start from $8 and are up to $13,989 Deposit/withdraw limits at matbea are $78 — $3,272 depending on the payment method (matbea has lower buying/selling limits).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at matbea if you reside in one of 255 countries; it serves United States among others (matbea supports more countries worldwide).
  • MagneticExchange allows the user to be anonymous, there is no account verification, etc. matbea has no KYC procedures, you can be completely anonymous while exchanging here (matbea & MagneticExchange require the client to pass through the — more or less — the same process during the verification).

Although the final decision, which exchange — MagneticExchange or matbea — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

matbea vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

  • PayBis is a broker matbea is a broker, both are using the same business model.
  • PayBis had started the business April 2015 matbea started the business June 2013 (matbea operates 1 years and 10 months longer).
  • PayBis is an ordinary company without licenses, etc. matbea operates without a business registration or there is no information available about it (PayBis's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services matbea provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • PayBis supports 8 cryptocurrencies matbea allows to exchange 4 cryptos (matbea supports 4 cryptocurrencies less).
  • 3 fiat currencies are available at PayBis You'll be able to use 1 fiat currencies to swap with digital ones at matbea (matbea supports 2 fiat currencies less).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks matbea allows the user to utilize 6 various fiat payment systems and/or banks (matbea supports 1 banks and fiat payment systems less).
  • PayBis charges 1% — 10% fee matbea charges the client 2% — 6% fee, depending on the currency, payment system, etc. (matbea has lower fees in general).
  • Buying limits at PayBis start from $20 and are up to $200,000 Deposit/withdraw limits at matbea are $78 — $3,272 depending on the payment method (matbea has lower buying/selling limits).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at matbea if you reside in one of 255 countries; it serves United States among others (matbea supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) matbea has no KYC procedures, you can be completely anonymous while exchanging here (matbea 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — PayBis or matbea — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

matbea vs XMLGold

Let's compare the key features of these two platforms to see which one suits you best:

  • XMLGold is a broker matbea is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 matbea started the business June 2013 (XMLGold is working for 7 years and 0 months longer time).
  • XMLGold is an ordinary company without licenses, etc. matbea operates without a business registration or there is no information available about it (XMLGold's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, XMLGold provides no extra services matbea provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • XMLGold supports 3 cryptocurrencies matbea allows to exchange 4 cryptos (matbea supports 1 cryptocurrencies more).
  • 2 fiat currencies are available at XMLGold You'll be able to use 1 fiat currencies to swap with digital ones at matbea (matbea supports 1 fiat currencies less).
  • XMLGold accepts deposits from and allows withdrawals to 5 fiat payment systems / banks matbea allows the user to utilize 6 various fiat payment systems and/or banks (matbea supports 1 fiat payment systems and banks more).
  • XMLGold charges 0% — 2% fee matbea charges the client 2% — 6% fee, depending on the currency, payment system, etc. (matbea has higher fees, generally).
  • Buying limits at XMLGold start from $8 and are up to $241,880 Deposit/withdraw limits at matbea are $78 — $3,272 depending on the payment method (matbea has lower buying/selling limits).
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at matbea if you reside in one of 255 countries; it serves United States among others (matbea & XMLGold support the same number of countries and territories).
  • During the account verification XMLGold usually asks for 1 document / procedure: (id verification) matbea has no KYC procedures, you can be completely anonymous while exchanging here (matbea 's KYC policy requires the customer to take less actions or to provide less data).

Although the final decision, which exchange — XMLGold or matbea — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is matbea legit or scam?

Now it's time to draw a conclusion, is matbea a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign matbea a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the matbea:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • This company has being in the business for a long time; exchange was started 6 years and 5 months ago
  • Exchange supports 4 cryptocurrencies and 1 fiat ones (totally 6 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges rather high fees: from 2% to 6% depending on the payment method
  • The purchase and withdrawal limits are medium: from $78 to $3,272 USD, it depends on a payment system choice
  • Matbea allows registrations from 255 countries; people from United States may use the service
  • You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!

Overall rating for matbea: N/A